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Banking Commercial Banks & the Central Bank - Open Market Operations.
One of the principal tool of monetary policy is the Open Market operations.
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Investment Multiplier - Marginal Efficiency of Capital
The Ratio of Change in Income as said by J.M Keynes is the Marginal Efficiency of Capital as being equal to the rate of discount.
Investment Multiplier - Supply Price.
Keynes defined Supply Price as the Capital Price ,not the Market Price.
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